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FTI Alert: Avoid the New Platform Damu Due to Excessive Operations!
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IntroductionFTIreminds investment enthusiasts that when it comes to emerging foreign exchange platforms, it is c ...
FTIreminds investment enthusiasts that when it comes to emerging foreign exchange platforms,Top ten foreign exchange brokers in the world it is crucial to choose a platform that is subject to reliable regulatory oversight. Understanding the historical background of the platform, researching the trading conditions provided by the platform, trading software, and customer service are all essential processes.
Before choosing a new foreign exchange platform for investment, it is necessary to conduct sufficient research and investigation in order to better obtain investment security and a better trading experience. (More Forex platform)


Recently, FTI has noticed a new foreign exchange platform, Damu, which was established in 2023. With a global activity index ranking of 1741, some users have expressed concerns about the reliability of this new platform, which is promoting high-yield foreign exchange investments shortly after its establishment.
About Damu Platform:
Damu boasts significant trading experience, offering transactions through multiple accounts and trading over 400 financial instruments. It utilizes the MT5 platform for trading and provides 24-hour support. With various deposit and withdrawal methods, Damu claims to provide a comprehensive trading experience.
Why Choose Damu?
Account Types:Damu offers multiple account types suitable for different trading environments.
Diversity: Trade over 400 global financial instruments, including forex, metals, stocks, and indices.
Trusted Broker:Damu LTD is authorized by the Marshall Islands, with registration number 118947.
Account Funding: Quick and easy, choose from a list of simple funding methods and start trading immediately!
Withdrawals:Enjoy fast withdrawal processing within 1 business day.
24/6 Chat Support:Our trained team is available 24/6 to assist you whenever needed.

FTI Risk Alert:
Damu displays one regulatory information, indicating that its Marshall Islands SOV (IRI) financial services license is operating excessively. FTI has issued a warning for Damu, advising investors to proceed with caution.

With a FTI score of 1.92, indicating a low credit rating, FTI strongly recommends that investors avoid Damu.

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